Liberty All-Star Equity Fund (NYSE:USA) Short Interest Update

Liberty All-Star Equity Fund (NYSE:USA - Get Free Report) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totalling 286,500 shares, a decrease of 36.5% from the April 30th total of 451,400 shares. Currently, 0.1% of the company's shares are short sold. Based on an average trading volume of 896,200 shares, the short-interest ratio is currently 0.3 days.

Liberty All-Star Equity Fund Stock Up 0.3%

Shares of USA traded up $0.02 during mid-day trading on Wednesday, hitting $6.69. 666,038 shares of the company's stock were exchanged, compared to its average volume of 737,016. Liberty All-Star Equity Fund has a fifty-two week low of $5.64 and a fifty-two week high of $7.49. The stock's 50-day moving average is $6.42 and its 200-day moving average is $6.80.

Liberty All-Star Equity Fund Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Thursday, April 17th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 8.97%. The ex-dividend date was Thursday, April 17th.

Institutional Trading of Liberty All-Star Equity Fund

A number of large investors have recently made changes to their positions in USA. Stone House Investment Management LLC purchased a new stake in shares of Liberty All-Star Equity Fund in the 1st quarter valued at approximately $28,000. Transce3nd LLC acquired a new position in shares of Liberty All-Star Equity Fund in the 4th quarter valued at $30,000. US Bancorp DE increased its stake in Liberty All-Star Equity Fund by 172.9% in the first quarter. US Bancorp DE now owns 6,500 shares of the closed-end fund's stock valued at $43,000 after purchasing an additional 4,118 shares during the period. Crews Bank & Trust acquired a new position in Liberty All-Star Equity Fund in the fourth quarter valued at $50,000. Finally, Greykasell Wealth Strategies Inc. acquired a new stake in shares of Liberty All-Star Equity Fund during the first quarter worth about $57,000. 9.95% of the stock is currently owned by hedge funds and other institutional investors.

Liberty All-Star Equity Fund Company Profile

Liberty All Star Equity Fund is a closed-ended equity mutual fund launched and managed by ALPS Advisers, Inc The fund is co-managed by Aristotle Capital Management, LLC, Pzena Investment Management, LLC, Delaware Investments Fund Advisers, Sustainable Growth Advisers, LP, and TCW Investment Management Company.